China Association of Automobile Manufacturers: In July, passenger car production and sales reached 2.246 million and 2.268 million units, respectively, a year-on-year decrease of 2.1% and 0.9%.

According to the analysis by the China Association of Automobile Manufacturers, in July 2026, the passenger car market entered the traditional off-season. Some manufacturers arranged for annual equipment maintenance, leading to a slowdown in production and sales rhythm. The terminal market was affected by factors such as demand exhaustion and extreme weather, with foot traffic and orders decreasing compared to June. In July 2026, the production and sales of passenger cars reached 2.246 million and 2.268 million units, respectively, representing a month-on-month decline of 5.4% and 5.6%, and a year-on-year decline of 2.1% and 0.9%. From January to July 2026, the production and sales of passenger cars totaled 14.967 million and 14.988 million units, with year-on-year declines of 5.5% and 5.4%.